Next update will (hopefully) disallow regen in meteorite radius.
I would obviously rather not disable (or special case) features but if players are grieving with them - then it’s better the game rules stop it then relying on bans.
An alternative suggestion was that regen bombs could set the chunk regen cool down to zero. This would allow regen to happily naturally rather than instantly. This is a much more elegant solution and would be better for server perf but would have more knock-on effects in other areas of gameplay.